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Paul Holmes examines theBusiness Roundtable's recent announcementthat shareholder interests do not outweigh the broader concerns of society and employees. It is a seminal proposal for the industry group that represents America's top CEOs, coming after decades in which Milton Friedman's orthodoxy on shareholder returns above all else largely went unchallenged. But there is plenty to suggest that the Business Roundtable statement will lack teeth unless it can actually be enforced by legislation such asElizabeth Warren's proposed effortto balance corporate responsibilities to all stakeholders. In conversation with Arun Sudhaman, the podcast follows Holmes'in-depth longreadon the concept of 'accountable capitalism'.
The Echo Chamber podcast is produced by Markettiers and sponsored byThe Bulleit Group .
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